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Resolution No. 80211 2 3 4 5 0 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 8021 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING AND AUTHORIZING THE EXECUTION OF AN AGREEMENT -BY AND BETWEEN THE CITY OF VERNON AND LOS ANGELES COUNTY ECONOMIC DEVELOPMENT CORPORATION FOR CONSULTING SERVICES WHEREAS, the Utilities Department is proceeding with its application before the California Energy Commission for the Power Plant Project; and WHEREAS, as part of the application process for the Power Plant Project, the City is required to collect substantial data on people employed by businesses in Vernon; and WHEREAS, the City of Vernon intends to retain the consulting services of Fairbanks, Maslin, Maullin & Associates to assist the City in collecting such data; and WHEREAS, once the data is collected, the City of Vernon needs the services of a consultant to analyze the data collected and prepare an economic impact study to quantify Vernon's economic impact on the Southern California region; and WHEREAS, the City's staff has determined that California Economic Research Center aka Los Angeles County Economic Development Corporation (LACEDC) possesses the knowledge necessary to assist the City in connection with the study; and WHEREAS, by letter dated June 27, 2002, Bruce V. Malkenhorst, City Administrator/City Clerk, has recommended that LACEDC be retained to provide an economic study for the City; and WHEREAS, the City Council of the City of Vernon has determined that, pursuant to the provisions of subsection (a) of 9 � l 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Section 2.27 of the Vernon City Code, it is in the public interest and necessity to enter into a contract with LACEDC for an economic impact study to enhance services provided to the Vernon community. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VERNON AS FOLLOWS: SECTION 1: The City Council of the City of Vernon hereby finds and determines that the recitals contained hereinabove are true and correct. SECTION 2: The City Council of the City of Vernon hereby approves the Agreement with California Economic Research Center aka Los Angeles County Economic Development Corporation, a copy of which is attached hereto as Exhibit "A" and made a part hereof. SECTION 3: The City Council of the City of Vernon hereby authorizes the Mayor and the City Clerk to execute said Agreement for, and on behalf of, the City of Vernon. SECTION 4: The City Council of the City of Vernon hereby directs the City Clerk, or his designee, to send one fully executed Agreement to: Los Angeles County Economic Development Corporation Attn. Lee K. Harrington, President 555 S. Flower St., 32nd Floor Los Angeles, CA 90071 - 2 - 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 SECTION 5: The City Clerk of the City of Vernon shall certify to the passage of this resolution, and thereupon and thereafter the same shall be in full force and effect. APPROVED AND ADOPTED this 3rd day of July, 2002. ATTEST: BRUCE V. MALKENHORST, City Clerk EONIS C. MAL RG, Ma r - 3 - a 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 STATE OF CALIFORNIA ) ) ss COUNTY OF LOS ANGELES ) I, BRUCE V. MALKENHORST, City Clerk of the City of Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 8021, was duly adopted by the City Council of the City of Vernon at a regular meeting of the City Council duly held on Wednesday, July 3, 2002, and thereafter was duly signed by the Mayor of the City of Vernon. (SEAL) BRUCE V. MALKENHORST, City Clerk - 4 - EXHIBIT AV JUL-02-2002 TUE 01:11 PM OLIVO & PLASCENCIA FAX NO. 562 869 1883 P. 01 Jul-02-2002 1131am Fra-LAEDO 213-622-7100 T-92T P.002/010 F-413 THIS AGREEMENT, executed in duplicate at Vernon, California, is made by and between the CITY OF VERNON, CALTFORNIA, hereinafter referred to as the "Client", and CAUFORNIA ECONOMIC RESEARCH t l'TER AWA. LOS AN'GELES COUNTY ECONOMIC DBVFLOPM£sNT CORPORKTION, a California non-profit corporation, hereinafter refeirod to as tha " CgnsWt=e'. WR AS, The Client and the Consultant have entered into at Agreement which authorizes the Consultant to provide cortaia services, NOW THEREFORE, in consideration of the mutual covenants and premises contained herein, the Client and Consult= agree as follows: 1. ,Wtomeat_ of Work and S+ci jg The Consultant shall perform and provide services on a projeot basis. TM services to be provided and the payment terms axe set forth in the Statement of "Work and Schedule and any amendments thereto, which is attached hereto as Attachment I and by this reference incorporated hmiai. The rigbts Arid obligations of the parties to this Agreement shall he o4bject to and governed by said Statement of Work and Schedule as w4v 11 As by the general provisions herein, 2. Eq=gnt U the Consultant The Client shall pay to the Consultant the amount as specified in the Statement of Work an d Schedule for completo and satisfactory performance of the terns of this Agreement. Consultant will present Client with invoices that include the following; a. The date the work was performed. b. The, Work aec"llshed. 3. 'I7'Gffornance The term of this Agreement shall commence ou ,Tuly 1, 2002 and end on October 31, 2002, This Agreement =y be tennimted by the Client at any time within the period of its duration upon written notice by the Client to the Consultant or immediately for cauw, .Any change in the teams of this Agreement, including chenbes is The services to be paformed by tho Consultant and any increase or decrease in the amount of comprnuation which is agreed to by the Client and the Consultant shall be incorporated into this Agreement by a writrcn amendment properly executed by both parties, JUL-02-2002 TUE 01:12 PM OLIVO & PLASCENCIA Jul-02-2102 11:51am From-LAEDC FAX NO. 562 869 1883 P. 02 213-622-rio0 T-12T P.003/010 F-40 S. )ertnits and Licen The Consultant: shall 'hold valid permits, licenses, certificates and other documents as are required by the State, Couray, City. or other govcrnmearal or regulatory body to legally ensage In and perform the services to be provided under this Agreement. G. rnde�pl"onr SYus At all times during the term of this Aliment, Consultant shall be an independent contractor and shall not be an. employee of the Client. The Client shall have the right to control Consultant only insofar as the results of Consultant's services rendered ptnlsuant to this Agmement; however, the Client shall not have the right to control the mcau-s by which Consultant accomplishes services tendered pursuant to this Agreement except to the extesit that such services involve the use of Client pwImly. lr Xcept as the Client may specify in writing, Cousultauu shall have no authority, express or implied, to act on behalf of the Client in any capacity whatsoever as an aseor. Consultant shall have no authority, expressed or implied, pursuaLm to this Agreement to bind the Chout to any obligation, whatsoever. Federal, State and local taxes shall be the responsibility of the Consultant as an independent contractor and not as as employos of Client. 7. 6si�tne-z. ax Trans _ r terest The Consultant shall not assign or trmsfer any interest in this Agreement without the prior writren consent of the Client. 8. DiscJTTLiiLa �Oolu'b 4 The Consultant shall not discriminate against any employee or subagent because of race, color, religion, sex, age, national origin, sexual preference or physical condition. 9. jwkannim YAahility�waad Insu► .e Ha4t menu a, I'he, Consultant agrees to hold harmless the Client, its officers, employees and assigns, apinst any and all claims arising from acts, omissimu, or negligence of the Consultant, its officers or employes. b. The Consultant shall secure a policy of professional axed general liability insurance in the mirzicAura amount of S 500,000 prior to the commencement of perfbmiance trader this Agreement, Such covet-ag6 shall be maintained in full force effective until receipt of final payment udder the terms of thin Agrmuent and "piration of applicable warranty periods. SUL-02-2002 TUE 01:12 PM OLIVO & PLASCENCIA FAX,NO, 562 869 1883 P,.03 Jet-02-2002 11:51am FrwLAFDC 219-B2R-7100 T-627 P-004/010 F-413 W. Q'=10iance vith5tattrtcg tit Re u1&lions In the performance of this Agreement, the Consultant shalt obey all laves of the United. States, the State of California and the ordinances, rcgula Lions, policies and municipal code provisions of the City of Vernon, including, but not limited to provisions pertaining to hours of employment and componsaticr a therefor, preferential employment of United States citizens and Vernon residents, and the rondisci:imirtation provision of the Los Angeles Administrative Code, Section 10,8, Upon completion of the project or termination of tilts Agreement, pursuant to Section 2 of this ,A,groenient, and if the Client so desires, the Cons0tant shall deliver to the Client copies of an back-up files used in the project, which are not already in the Client's possession 12, Agge,ss.to_WorkP u t Ilia. Client shall have: aces at all times to the work product of the Connsultant hereunder, whenever it is in preparation and progress. 13. imminatitL11. This Aqv=ent may be terminated. For the convenience of either party without cause, upon giving 30 days written notice to the tither party. If this Agreement is so termi wed, then the Consultant shall cease Author work as of the date of termination W shall be paid for the services satisfactorily performed to the date of termination upon delivery of work products, data and other information complied or developed to the data of termination, 15. Xd—e-es Notices to be given between the Client and the Consultt slaall be in writing and maybe served by depositing such noticos iu. the [united States Mail. Postage prepaid, registered or certified, mail, a(Wessed as follows: To Consultant., Califbmia Economic Research Center a/lrla LAEDC, 515 South Flower Street, 3r4 Floor, Los Angeles, CA 90071, Attention: President. To Client. City of Vema, Attention: Bruce V. Malkenhorst, City Administrator, 4305 Santa Fe Avenue, Vrmon, C.alifortiia 900$8 3 JUL-02-2002 TUE 01:12 PM OLIVO & PLASCENCIA Jul-02-2002 11:52am From-LAEOC FAX NO. bb2 bby 1bbJ r. Ulf E12422-7100 S-62T P.005/010.`F-413 16. edlale 'projecl schedules are an impormnt factor in the performance of the work completed by ties .AsmMent Arad the Consultant agrses to make every reasonable effort to masutain the proposed schedule with professional conduct, reliability arA accuracy required due to the nature of the t=hnioal work. 17. Cam em This Agreement eonW= the full and camplete kgrc==j beween the: two parties. No Prior or subsequent verbal apement or conversation with any O ew ar =Vloyce o' either party shall affect or modify any of the teams and con4tions of this Agreement. 4 A-0272002 TUE 01:12 PM OLIVO & PLASCENCIA FAUO. 662 869 1883 P..05 J41-02-2002 11:52an FrwLAEOC 219-622-7100 T-627 P.006/010 F-413 IN WMeSSES Vi HE` Ctr, the Client and the Consultant has caused this Ag=nent to be cxecutod by their duly authorized repremematives. Executed rhis,I., Day of .,!.., , 2(} . FOR: L.os Angeles, County Economic Development Corporation By: Ir'OK— Hauiagtoll, -Presid Attest: T (Corporate Secretary) weroat Revenue No, 95-3643339 EXpira ion Date: OGtobi:r 31, 2002 Executed this ....... Day of......., 20.1...... FOR: City of Vernon By: iemi.s C. Malbm-& Mayor Atiest: Bruce V. Malicnhorst, City Clark Approved as to FOIm: Eduardo Olivo, City Attoracy PI JUL-U2-2UU? M-02-2002 11 Mam From-LAEDC m-GuLT100 T-627 P.007/91a ,•F-41I A'I-fACMMENT i - STATEMENT OF WORK AND SCHEDULE Professional Services Afire meat Between I.,os Angeles County Economio Development Corporapan AND City of V=on ],. pnSlljtarli��'iei"ViCc�s During the Time of Performance, as Sat forth in item I Of this Agreement, the Consultant eha11 provido the following; services: a, SeL, Attached gcppe of Sffvice -- A t "A" 2. WQrk Schedule The foregoing sorviees shall be provided by the Consultant in accordance with the following schedule: a. Scolitached Scope of Se ice -- AnachmMLA" 3. (omoons�ation Total Cost -- Not to axceed $24,500 Payment Terms- First Payment of $13,000 duo on August 1 (or 30 days after notice to proceed), Second and Final payment of $11,500 upon completion of project and delivery of work product, R• � FOR: Los Angeles County Economic Devclopinent Corporation av- 6 JUL-02-2002 TUE 01:13 PM OLIVO & PLASCENCIA Jul-02-2002 11:52tm From -LAM FAX N0. 562 869 1883 P. 07 213-622-Tide T-62T P.008/810 F-413 PON PIE 6A nialON !qs A,l901rs EcOaDMIC 06volopm8114 Corporation Project Description CITY OF VERNON Scope of Services June 21, 2002 LAACHMENT A The California Economic Research Center, the consulting arm of the Los Angeles County Economic Development Corporation (LACEDC) is pleased to submit this proposal to prepare an oconomio impact study that addresses these questions: (1) "WliAt is the ecouoxtue impact of the activities carried on by the business fine* employees- — th public and private —and local govemmeut of the City of Vernon?" and (2) "'W'here is the impact of employes spec ing most likely to be felts The, LAEDC" will assemble appropriato baseline statistical data and pecfotm the necessary research and analysis to describe and quantify Vernon's econOnft impact on the Los Angeles region. In addition. LAEDC will analyze the responses to an upcoming City -sponsored survey of VOMOA employers to ascertain where employees who work in the City reside and thereby to derennine whem they are likely to spend much of the incomes they earn within tho City of Vernon. 015 S. klowcr Sa. 1W Floor Approach Los Ang,-6s. CA L.A. C's proposal inclades fivo separate tasks, outiined below: �p0a y 1. ustn► sum. 'fhe regional economio impacts of individual industries located hi Vernon differ depending on: i. blow much firms in the industry spend locally on "X"olapine purchases of needed materials and supplies, 213.E 2.�30o ii. How many workers they employ, and iii How much these workers aatn on an annual basis. The LAEDC will assemble the.information required to aualyxe The City's 1"acsimiis industry structure, including "total' data, for all inc t shies locattd in l .s?a.7ioo Vernon as well as indusuy-levol data for the most importtlnt industries in the city. Details to be provided for each industry will include: appropriate SIC/NAICS codes, number of fims/csMblishments, and number of eraployecs. 2. �c�;m. pit. Using its proprietary in-house rnodcl the LAEDC WM wiimate the direct and indirect economic impoo't Of V'=On's rPjor industries and in total. The threat impact refers to the impact of each industrytr 's activities on other industries in Los Angeles County who supply fins ir< the iudustty with m.aterial8, transportation services, eta The JOL-02-2002 TUE 01:13 PIS OLIVO & PLASCENCIA Jul-02-2002 11:53n FrarrLODC FAX NO. 562 869 1883 21`s-5a-7100 1-827 P.00'i/01D ' F=dig " city of Vernon Scope. of Sdrvices Junc 21, 2002 indirect impact measures the impact of spending by employees wbo work is Version. LAl«DC's impact estimates will include the following measures: the number of direct and indirect jobs that are attributable to tbO activitics of firms located in Vernon, the estimated wage and salary ineOwes emrned by the direct and indirect woxk rs, and estimated spending on sates -taxable goods and services by the direct and indirect workers. 3, 1iseal iixrnacts, LAEDC will utilize its in-house revenue model to estimate the amomits paid by the direct and indirect workers in Personal iucama taxes to the State of California as well as the amounts paid in saxes taxes to the state, county quad municipal governments. 4. i jgl at►alysir govcrnreent: In addition to the private sector, the activities of Vernon's city govenunem also genemte economic impacts. LAEDC will include these impacts in its researoh results if'the City provides the appropriate data. The infonatation requited to perform the analysis includes: the number of workers employod by the City and the size of the City's total payroll in dollars, the number of city electric utility workers and their payroll, the size of the City's total budget broken down by major function, and The amounts spent by the City on construction projects (bout ordinary maintcsaaace & repair and special projects). 5. e1K11t1.,jkIJ)Mis=iMRacr .gco r h : The City of Vernon is 6lrort,401ing a questioru airs survey "ng its employers for 71P code infonnation on the homes of their employees. When this sttrvey bas been completed, LAEDC will analyze the responses and prepaae a report that describes the sufvey results. ","loose will show in which oities V'ernon'& employees reside, 'These cities rcocive much of the revenues associated with the employ" activities, ineluditig property taxes on owner -occupied homes and the local lovemme~pt share ofrctail sales taxes, Timaline LAMC estimates that cotnplcting tlds study with both special aualyses will require two moanhs. Collecting and compiling the govemniont and industry -level information istta the btdustry Structure fomat will require at least two weeks. Another two weeks will be needed to cu.stomize LAEDC's in-house models for'Vernon and to "exercise' theta with tbo City's specific industry information. Analysis of the models' results as well as those of the caitployer survey -when it has been completed --will require at loAst tWO mote weeks, Prepantion Qf the final reports will require another two weeUs. LAEDC understands the City's desire for prompt access to our research results and will endeavor to complate thcso tasks early, if at all possible_ Vernon`Scope.doc Page 2 JUL-OZ-2b02 TUE 01:14 PM OLIVO & PLASCENCIA 101-02-2002 11:53am From-LAEDC FAX NO. 562 869 1883 P. 09 21s-6h-7160 T-627 P.010/010� F416' City of Vemn Scope, ofServices r1Jne 21, M02 Deliverable& The LAEJ)C': will deliver to the City of Vernon too reports prescnting the results of the aforemoidoriesd rescareh and analysis. The first oT core report will describe the economic and revenue impaets generated by activities of 'V ernou"s business firms, its governxa cemt (if the City chooses to includc Task 4 io This project), and their employees o1a the Los ,Angeles region. The second report will report rbe results of the survey analysis, indicating vrhid cities contain the bulk of Vernon's employees and therefore receive the tax benefits associated with their activities. Cost estimate The total cost of this study will be MOON if both special analyses are includcd. The cost for each Wdividu4l, study components is listed below; > The care report (Taste t through Task 3) $16,500 > The government analysis (Task 4) $ 4,500 ➢ The survey analysis (Task 5) $ 31500 V tnon Sc-opc.dac: Page 3 SUPPORTING DOCUMENTS THIS AGREEMENT, executed in duplicate at Vernon, California, is made by and between the CITY OF VERNON, CALIFORNIA, hereinafter referred to as the "Client", and CALIFORNIA ECONOMIC RESEARCH CENTER A/K/A LOS ANGELES COUNTY ECONOMIC DEVELOPMENT CORPORATION, a California non-profit corporation, hereinafter referred to as the "Consultant". WITNESSETH WHEREAS, The Client and the Consultant have entered into an Agreement which authorizes the Consultant to provide certain services, NOW THEREFORE, in consideration of the mutual covenants and premises contained herein, the Client and Consultant agree as follows: AGREEMENT 1. Statement of Work and Schedule The Consultant shall perform and provide services on a project basis. The services to be provided and the payment terms are set forth in the Statement of Work and Schedule and any amendments thereto, which is attached hereto as Attachment 1 and by this reference incorporated herein. The rights and obligations of the parties to this Agreement shall be subject to and governed by said Statement of Work and Schedule as well as by the general provisions herein. 2. Payment to the Consultant The Client shall pay to the Consultant the amount as specified in the Statement of Work and Schedule for complete and satisfactory performance of the terms of this Agreement. Consultant will present Client with invoices that include the following: a. The date the work was performed. b. The work accomplished. 3. Time of Performance The term of this Agreement shall commence on July 1, 2002 and end on October 31, 2002. This Agreement may be terminated by the Client at any time within the period of its duration upon written notice by the Client to the Consultant or immediately for cause. 4. Amendments to Agreement Any change in the terms of this Agreement, including changes in the services to be performed by the Consultant and any increase or decrease in the amount of compensation which is agreed to by the Client and the Consultant shall be incorporated into this Agreement by a written amendment properly executed by both parties. 5. Permits and Licenses The Consultant shall hold valid permits, licenses, certificates and other documents as are required by the State, County, City, or other governmental or regulatory body to legally engage in and perform the services to be provided under this Agreement. 6. Independent Contractor Status At all times during the term of this Agreement, Consultant shall be an independent contractor and shall not be an employee of the Client. The Client shall have the right to control Consultant only insofar as the results of Consultant's services rendered pursuant to this Agreement; however, the Client shall not have the right to control the means by which Consultant accomplishes services rendered pursuant to this Agreement except to the extent that such services involve the use of Client property. Except as the Client may specify in, writing, Consultant shall have no authority, express or implied, to act on behalf of the Client in any capacity whatsoever as an agent. Consultant shall have no authority, expressed or implied, pursuant to this Agreement to bind the Client to any obligation whatsoever. Federal, State and local taxes shall be the responsibility of the Consultant as an independent contractor and not as an employee of Client. 7. Assignment or Transfer or Interest The Consultant shall not assign or transfer any interest in this Agreement without the prior written consent of the Client. 8. Discrimination Prohibited The Consultant shall not discriminate against any employee or subagent because of race, color, religion, sex, age, national origin, sexual preference or physical condition. 9. Indemnity, Liability. and Insurance Requirements a. The Consultant agrees to hold harmless the Client, its officers, employees and assigns, against any and all claims arising from acts, omissions, or negligence of the Consultant, its officers or employees. b. The Consultant shall secure a policy of professional and general liability insurance in the minimum amount of $ 500,000 prior to the commencement of performance under this Agreement. Such coverage shall be maintained in full force effective until receipt of final payment under the terms of this Agreement and expiration of applicable warranty periods. 10. Compliance with Statutes and Regulations In the performance of this Agreement, the Consultant shall obey all laws of the United States, the State of California and the ordinances, regulations, policies and municipal code provisions of the City of Vernon, including, but not limited to provisions pertaining to hours of employment and compensation therefor, preferential employment of United States citizens and Vernon residents, and the nondiscrimination provision of the Los Angeles Administrative Code, Section 10.8. 11. Ownership of Documents Upon completion of the project or termination of this Agreement, pursuant to Section 2 of this Agreement, and if the Client so desires, the Consultant shall deliver to the Client copies of all back-up files used in the project, which are not already in the Client's possession. 12. Access to Work Product The Client shall have access at all times to the work product of the Consultant hereunder, whenever it is in preparation and progress. 13. Termination This Agreement may be terminated for the convenience of either party without cause, upon giving 30 days written notice to the other party. If this Agreement is so terminated, then the Consultant shall cease further work as of the date of termination and shall be paid for the services satisfactorily performed to the date of termination upon delivery of work products, data and other information complied or developed to the date of termination. 15. Notices Notices to be given between the Client and the Consultant shall be in writing and may be served by depositing such notices in the United States Mail. Postage prepaid, registered or certified mail, addressed as follows: To Consultant: California Economic Research Center a/k/a LAEDC, 515 South Flower Street, 32"d Floor, Los Angeles, CA 90071, Attention: President. To Client: City of Vernon, Attention: Bruce V. Malkenhorst, City Administrator, 4305 Santa Fe Avenue, Vernon, California 90058 16. Schedule Project schedules are an important factor in the performance of the work completed by this Agreement and the Consultant agrees to make every reasonable effort to maintain the proposed schedule with professional conduct, reliability and accuracy required due to the nature of the technical work. 17. Complete Agreement This Agreement contains the full and complete Agreement between the two parties. No prior or subsequent verbal agreement or conversation with any officer or employee of either party shall affect or modify any of the terms and conditions of this Agreement. 4 IN WITNESSES WHEREOF, the Client and the Consultant has caused this Agreement to be executed by their duly authorized representatives. Executed this. J- .. Day of .. Z... , 20DR. Executed this n .... Day of J .., 200'2- - FOR: Los Angeles County Economic Development Corporation 01 By: Le K. Harrington, Preside Attest: -1 V I % 2- (Corporate Secretary) Internal Revenue No. 95-3643339 Expiration Date: October 31, 2002 FOR: City of Vernon By: Leonis C. Malbur�g/ayor Attest: G' Bruce V. Malkenhorst, City Clerk App d as to Form: Eduardo Olivo, City Attorney E ATTACHMENT 1 - STATEMENT OF WORK AND SCHEDULE Professional Services Agreement Between Los Angeles County Economic Development Corporation AND City of Vernon 1. Consultant Services During the Time of Performance, as set forth in item 3. of this Agreement, the Consultant shall provide the following services: a. See Attached Scope of Service - Attachment "A" 2. Work Schedule The foregoing services shall be provided by the Consultant in accordance with the following schedule: a. See Attached Scope of Service - Attachment "A" 3. Compensation Total Cost - Not to exceed $24,500 Payment Terms- First Payment of $13,000 due on August 1 (or 30 days after notice to proceed), Second and Final Payment of $11,500 upon completion of project and delivery of work product. AGREED: FOR: Los Angeles County Economic Development Corporation By: Date: (4 ! 0oa- 6 ATTACHMENT A ECONOMIC DEVELOPMENT FOR THE LA REGION Los Angeles CITY OF VERNON Scope of Services June 21, 2002 Project Description The California Economic Research Center, the consulting arm of the Los Angeles County Economic Development Corporation (LACEDC) is pleased to submit this proposal to prepare an economic impact study that addresses these questions: (1) "What is the economic impact of the activities carried on by the business firms, employees —both public and private —and local government of the City of Vernon?" and (2) "Where is the impact of employee spending most likely to be felt?" Economic The LAEDC will assemble appropriate baseline statistical data, and perform the Development necessary research and analysis to describe and quantify Vernon's economic Corporation impact on the Los Angeles region. In addition, LAEDC will analyze the responses to an upcoming City -sponsored survey of Vernon . employers to ascertain where employees who work in the City reside and thereby to determine where they are likely to spend much of the incomes they earn within the City of Vernon. 515 S. Flower St. 32nd Floor Approach Las Angeles, CA Los i LAEDC's proposal includes five separate tasks, outlined below: 1. Industry structure. The regional economic impacts of individual industries located in Vernon differ depending on: i. How much firms in the industry spend locally on 21.622. Telephone e purchases of needed materials and supplies, .622.430o I How many workers they employ, and iii. How much these workers earn on an annual basis. The LAEDC will assemble the information required to analyze the City's Facsimile industry structure, including "total" data for all industries located in 213.622.7100 Vernon as well as industry -level data for the most important industries in the city. Details to be provided for each industry will include: appropriate SIC/NAICS codes, number of firms/establishments, and number of employees. 2. Economic impact. Using its proprietary in-house model, the LAEDC will estimate the direct and indirect economic impact of Vernon's major industries and in total. The direct impact refers to the impact of each industry's activities on other industries in Los Angeles County who supply firms in the industry with materials, transportation services, etc. The City of Vernon Scope of Services June 21, 2002 indirect impact measures the impact of spending by employees who work in Vernon. LAEDC's impact estimates will include the following measures: the number of direct and indirect jobs that are attributable to the activities of'firms located in Vernon, the estimated wage and salary incomes earned by the direct and indirect workers, and estimated spending on sales -taxable goods and services by the direct and indirect workers. 3. Fiscal impacts. LAEDC will utilize its in-house revenue model to estimate the amounts paid by the direct and indirect workers in personal income taxes to the State of California as well as the amounts paid in sales taxes to the state, county and municipal governments. 4. Special analysis —government: In addition to the private sector, the activities of Vernon's city government also generate economic impacts. LAEDC will include these impacts in its research results if the City provides the appropriate data. The information required to perform the analysis includes: the number of workers employed by the City and the size of the City's total payroll in dollars, the number of city electric utility workers and their payroll, the size of the City's total budget broken down by major function, and the amounts spent by the City on construction projects (both ordinary maintenance & repair and special projects). 5. . Special analysis —impact Reography: The City of Vernon is sponsoring a questionnaire survey asking its employers for ZIP code information on the homes of their employees: When this survey has been completed, LAEDC will analyze the responses and prepare a report that describes the survey results. These will show in which cities Vernon's employees reside. These cities receive much of the revenues associated with the employees' activities, including property taxes on owner -occupied homes and the local government share of retail sales taxes. Timeline LAEDC estimates that completing this study with both special analyses will require two months. Collecting and compiling the government and industry -level information into the Industry Structure format will require at least two weeks. Another two weeks will be needed to customize LAEDC's in-house models for Vernon and to "exercise" them with the City's specific industry information. Analysis of the models' results as well as those of the employer survey —when it has been completed -will require at least two more weeks. Preparation of the final reports will require another two weeks. LAEDC understands the City's desire for prompt access to our research results and will endeavor to complete these tasks early, if at all possible. Vernon_Scope.doc Page 2 City of Vernon Scope of Services June 21, 2002 Deliverables The LAEDC will deliver to the City of Vernon two reports presenting the results of the aforementioned research and analysis. The first or core report will describe the economic and revenue impacts generated by activities of Vernon's business firms, its government (if the City chooses to include Task 4 in this project), and their employees on the Los Angeles region. The second report will report the results of the survey analysis, indicating which cities contain the bulk of Vernon's employees and therefore receive the tax benefits associated with their activities. Cost estimate The total cost of this study will be US$24,500 if both special analyses are included. The cost for each individual study components is listed below: ➢ The core report (Task 1 through Task 3) $16,500 ➢ The government analysis (Task 4) $ 4,500 ➢ The survey analysis (Task 5) $ 3,500 Vernon_Scope.doc Page 3